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News

• NewSat scores $3m worth of satellite deals

  Satellite company NewSat (ASX:NWT) has secured $3m worth of deals to provide communications services for the US military and several major resource projects

• Europe's Hylas-1 broadband Internet satellite launched

  A satellite that promises to bring broadband Internet to several areas of Europe was successfully launched late Friday.

• Telecom NZ gives satellite dish to AUT

  Following an upgrade, Telecom NZ (ASX:TNZ) has given the Auckland University of Technology its old radio antenna dish for use as a radio telescope

• LightSquared's mobile hopes to rise with satellite

  The path to a promised affordable mobile service that will span the farthest reaches of North America begins late Sunday night on the steppes of Kazakhstan.

• EOS lauds Aus-US space debris partnership

  Optics technology company EOS (ASX:EOS) said the Australia-US space surveillance partnership bodes well for its project to design an automated debris tracking solution

• BSA appoints new CEO

  Satellite and telecom installation services provider BSA has hired Stephen Nash to take over as CEO, following the resignation of managing director Mark Foley

• World Reach secures Inmarsat deal

  Telecom equipment provider World Reach (ASX:WRR) has through subsidiary Beam Communications arranged to build and distribute a terminal product for Inmarsat

• World Reach subsidiary ships first ISatDock units

  Telecom equipment provider World Reach (ASX:WRR) has started shipping its docking units for Inmarsat phones, and is targeting sales of $7m over the first two years

• AT&T's Genus satellite phone goes on sale

  AT&T is finally selling its satellite-3G smartphone, the TerreStar Genus, which can be switched from AT&T's network to a satellite for coverage all over the U.S.

• NewSat signs $1m deal with Amstar

  Satellite company NewSat and Amstar have signed a $1m deal to provide telecom services to the Gorgon national gas project

• Telstra deal clears way for satellite phone service

  Brisbane-based mobile carrier Indigo Telecom Australia has entered into a partnership with Telstra Wholesale for the use of GSM services for its new dual satellite-terrestrial mobile phone service.

• Local satellite data POP goes live

  Brisbane-based Indigo Telecom Australia has launched a mobile satellite data service with a local point-of-presence (POP) connecting to a global IP network.

• NewSat (ASX:NWT) swings to slim profit in FY10

  Satellite operator NewSat (ASX:NWT) has swung to a $26,000 profit, on revenue of $25m, after a $2.6m loss last year

• Codan (ASX:CDA) lifts FY10 profit 142% to $31m

  Radiofrequency technology company Codan (ASX:CDA) said its underlying profit grew 142% to $31m, but audited profit grew by just 20%

• AUSTAR launches video on demand service

  The service will be available free of charge for existing subscribers to its television services